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Exceptional Investment Opportunity in the Heart of Lockport - Under $150K/Door! Welcome to this charming and well-maintained 2-unit income property perfectly situated just steps from the vibrant energy of downtown Lockport. With walkable access to the beloved Dellwood Park, convenient proximity to Metra rail service, and easy access to major highways, this location checks every box for tenants and owner-occupants alike. Whether you're a seasoned investor seeking immediate cash flow or a savvy buyer looking to house hack your way into homeownership, this property offers unmatched versatility and value. With one unit already rented - generating $1,500/month in Year 1 and $1,600/month in Year 2 - the income is already working for you from day one. Unit A (Front Unit) welcomes you with a bright, spacious living room, a functional eat-in kitchen, two comfortable bedrooms, and a full bathroom. The layout is clean, practical, and move-in ready - exactly what quality tenants are looking for. Unit B (Rear Unit) mirrors that same livable appeal, offering a cozy living room, eat-in kitchen, two bedrooms, and a full bathroom. Whether occupied by a long-term tenant or used as your personal residence, this unit delivers comfort and flexibility in equal measure. Step outside and enjoy a generously sized backyard - ideal for entertaining, gardening, or simply unwinding - complete with a lovely paver patio perfect for warm-weather gatherings. Four exterior gravel parking spaces provide ample off-street parking for residents and guests, a true premium in any rental market. Additional highlights include a shared laundry room equipped with washer and dryer, separate gas and electric utilities for each unit, and one shared water meter keeping management simple and straightforward. Solid updates throughout round out a property that's truly turnkey and built for long-term returns. Opportunities like this - walkable, well-located, income-producing, and priced under $150K per door - don't last long in today's market. Schedule your showing today and take the first step toward building lasting wealth.
| DAYS ON MARKET | 24 | LAST UPDATED | 5/6/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Homer / Lockport |
| COUNTY | Will | STATUS | Conditional |
| PROPERTY TYPE(S) | Multi Family |
| School District | Lockport Township High School |
|---|---|
| Elementary School | Fairmont School |
| Jr. High School | Fairmont School |
| High School | Lockport Township High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Homer / Lockport |
| BASEMENT | Crawl Space, Partial, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 120x38 |
| SEWER | Public Sewer |
| TAXES | 4700 |
| WATER | Public, Shared Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.